About PaninBank

In the latter developments, Panin Bank is a long-standing major Indonesian bank, publicly traded on the Indonesian Stock Exchange since 1982. Recognition of Bank strengths through successfully managing the 1998 Asian Financial Event, as a Category A bank, propelled the Bank to pursue broad service and product expansion in Retail and Commercial banking.

In a recent development , PaninBank have to install the best core banking system and apply the process of new internal governance , and effectively utilize IT systems in order to address the growing demands of the Bank over the past decade continues to show solid performance.

By the end of 2016, Panin Bank total assets reached Rp199,2 trillion, is one of 10 major national bank. Loans totaling Rp134,6 trillion and Third Party Funds for Rp142,7 trillion and its own capital Rp34,2 trillion.

PaninBank provides comfort services through 564 branches and 973 ATMs spread from Aceh to Papua and continuously innovates by strengthening its banking products and services including digital banking channels in line with the customers’ need.

Established in 1971 and securing a license as a foreign exchange bank in 1972, PaninBank is the merger of Bank Kemakmuran, Bank Industri Djaja Indonesia and Bank Industri & Dagang Indonesia with the decision to be the first bank to go public in Indonesia reflecting a confidence that continues today. Major shareholders PT Panin Financial Tbk (46.04%) and ANZ Bank, through Votraint No. 1103 Pty Ltd (38.82%), provide strategic support to achieve Company objectives. Public shareholdings in PaninBank at year end 2016 were 15.14%, representing domestic and international, institutional and individual, shareholders.